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. >> with more and more shoppers seeking out handcrafted and traditional gifts, germany's famous christmas markets struggled to keep up with the demand. tens of thousands of egyptians are out protesting against president morsi at this hour after an islamist-led assembly raced through the approval of a new constitution, a move to end the crisis. >> the document is based on sharia law. critics say it ignores fundamental democratic principles and marginalizes the nation's large christian populations. it has set the stage for conflict in a more increasingly divided nation. >> opponents of the president are outraged at the document adopted by the assembly. protesters are maintaining a vigil, and demonstrations are growing. critics warn that egypt is fast becoming an islamic state. >> hosni mubarak never divided the egyptian people. now, there is president morsi, and we do not know if he is the president of egypt or the president of the muslim brotherhood. >> islamists who dominate the assembly have already answered that question -- the body signed off on all 234 articles of the constitution, wh
of connecticut leaves dozens dead. we will go live for the latest. >> in germany, investigators say the attempted bombing here this week proves islamist terrorists are at work in the country. >> a german lawmaker plans to send patriot missiles to turkey's border with syria. a shooting at a school in the united states -- 27 people reported dead. most of them children. >> it happened friday morning at an elementary school in the state of connecticut. a parent inside the school at the time reports hearing was sounded like at least 100 rounds being fired. >> this is the scene at sandy hook elementary school. sources saying the suspect is also among the dead and that the body is in a classroom at the school. police say they have recovered two weapons from the suspect. the students kindergarten through fourth graders were all evacuated to a nearby fire station. all schools in the area are under lock down right now. >> law enforcement officials has -- have confirmed the shooter has been found dead inside the school building. >> officials say the scene of the shooting is now secure. >> there were several
the victors of the war. hitler had invaded germany in 1941, and they fought back against the germans, and they kept going against berlin. >> define stalinism. >> stalinism was a developed system of control. it believed it could control everything, not only in politics and economics but social life, civic life, sports clubs and chess clubs. in the stalinist system, there were no independent institutions of any kind. no independent voices of any kind were allowed to speak. all the economy was under state control, and all of society was. there was a cultural aspect, too. the arts were under stalinist control, and there was a cold of stalin himself. his portrait hung everywhere. there was a cult of stalin himself. >> i grew up in a small town of indiana, and one of my streets, you talk about radio casuth. >> he was was a hungarian hero of an earlier time. there was a radio, and they adopted the name of a previous deliberate thing hero, and in 1956 he would have to call it anti-stalinist radio. >> what was the circumstance? >> 56 is the end of the stalinist period. he died in 53, and afte
is cutting 1300 jobs as part of a 750 million euro cost-cutting program. >> it is germany's third biggest power company. most of the job losses will be among support and administrative staff. the company has struggled financially from having to shut down to below of its nuclear reactors over safety fears in the wake of the fukushima disaster. >> ratings agency standard and poor's has downgraded cypress again. its sovereign debt already has junk status. now it has gone down two more notches. >> cypress says it needs a decision on an international bailout within days to avoid a default. international monetary fund says talks are unlikely to be concluded this year. it needs the bailout to save its banks, which are heavily exposed to greet debt. well, germans are losing their appetite for spending money. consumer confidence has fallen for the second month in a row according to market research group gfk. >> they polled 2000 german shoppers and on the 0 digit overall economic picture, their own financial outlook, and plans to shell out cash for big-ticket items this christmas. they concluded th
a class action suit against germany in a court in the western city of bonn. >> those claims are related to an air strike ordered by a german officer in northern afghanistan in 2009, which killed 90 civilians. germany had given some compensation to the victims' families without admitting responsibility. >> lawyers representing survivors of the air strike are demanding higher compensation -- more than 3 million euros in total. they complain the settlements arrived at immediately following the attack were too small. as far as the german government is concerned, the case is closed. >> 5000 u.s. dollars was paid in over 90 instances. this money was transferred to an account in afghanistan. the account was specifically designed to compensate these families. >> on september 4, 2009, a u.s. f-15 fighter jets bombed two fuel tankers, killing more than 90 civilians. a german officer called in the air strike based on faulty intelligence. the political repercussions were extensive. the german defense minister at the time was forced to step down for his handling of the affair. >> coming up later in
are as different as germany and greece. what is it that keeps the united states together? you had a great depression here in the 1930's. things were awful. and yet, i do not believe there were any political movements to get rid of the deficit states from the united states, like there are in europe and portugal and spain and everywhere else that happens to be in deficit. the reason is, the federal- state, especially after 1929 plays the role of the regulator of surplus and deficit recycling around the land. let me give you a simple example. we are in seattle. boeing is sponsoring the lectures. when boeing goes to washington to give a contract for the next generation jet or whatever, they may get it. they do get it. but there are some things attached. like for instance, we want a factory that builds the wings are the engines in tennessee or missouri or arizona. in the deficit regions. this is not philanthropy. this is an act of recycling surplus so the surpluses of the surplus state can continue to be created, produced. you may recall that in the 1920s, internationally, we had a gold stand
democrats i chose to poland, hungary, and east germany. they have different historical background. they belong to different empires in the 19th century. they have different political traditions and mostly because they have given experiences of the war. germany was nazi germany. poland resisted very strongly. the nazis had one of the most resistant movements in europe. the hon variants were different. hungarians- the were different. i was interested in how did they react and the subsequent process of sovietization. >> how would you describe the situation in the country's today, the lifestyle, the economy, the openness to democracy and all that? >> all of them are democracies. east germany is not east germany. it is part of germany, so it is indistinguishable. west germany is poorer in some ways than poland, a country that has recovered more vigorously than the eastern part of germany. poland is a very vibrant democracy, maybe to vibrant -- too vibrant, but it plays a very important and central role in europe. it is a member of nato. it is the largest of the former east european cou
other countries is a well established form of travel so it has a good image. in germany, its image will be improving. >> they have already staked out their position on the market this year. >> next sure we will be expanding. we have a lot of new lines and we will be increasing our inventory of buses extensively. this is just the beginning. >> finally, the arrival at the main bus station in berlin. it continues to expand, they will be reaching full capacity. >> in just a moment, we will be hearing from chancellor angela merkel in her new year's message. >> first, a look at other stories making headlines around the world. the turkish prime minister has told all loans assyrian refugees the other countries on the brink of a new beginning. they will be replacing president assaad. he was joined by the head of the leader of the opposition coalition. turkey has taken on 150,000 syrian refugees. >> at least 16 people have been killed and 76 injured in a series of bomb attacks across iraq. they mainly targeted government officials and police. seven people were killed south of the capital, ba
for the united states, but for the world economy, too, also for germany, but people do not know, and they do not like the prospect of a decision may be taking more time, may be even reaching into the year 2013. it would be a pretty bad start, a rumbly start to the new year, people think. the trading was careful. the shares lost some momentum in late trading, late european trading when the u.s. began in the negative zone, and the fact that people were nervous also demonstrated by a lot of money going into the suppose it's safe haven of german bonds and into gold. >> let's take a look at the latest market numbers for you, starting in germany. the dax ended the day just a tad up. euro stoxx 50 also made gains on the day. crossing over to new york, the picture is quite different. a lot of pessimism there. the euro gaining some ground against the dollar. it is not the only source of uncertainty in the world economy. >> a leading economic think tank says confidence is down in many german sectors compared to this time last year. the big picture does not actually looks so bad. >> the economy may hav
. >> absolutely. the message is also very clear. we are here because we follow policies dictated by germany. therefore, italy should come out of the straight jacket. this is the message that berlusconi is sending to italians and actually, i think, it's a message that he will use for our campaigns. >> how much support will he get if he's at 15% right now in the polls 12347. >> my concern is that he could actually create some allians with other -- with the populist leaders. there is a lot of discontent and it's quite easy to capture the discontent. it would provide a majority for ruining the country, for governing the country, but it will not enough to destabilize the debate. they say the p.w. trust say that 30% now say the euro has been a good thing in italy. i don't know whether you back that sort of trust. >> oolt r it's how you present it. there is a clear fact that going down economically for a long time. it hasn't had good growth in more than a decade. so more now are in the face in malaise. at the moment, we don't see that. >> what do you take for investors? >> we've already had issues
and northern. >> sure. that's a great question so right now our biggest overweight is in germany, and reason being is all of europe is cheap in different degrees, but germany, when you set monetary policy for the weak link, clearly the southern half of euro, the strong get stronger, and i don't think anyone would disagree that economically speaking germany's in the strongest position of anyone in the eurozone. also, you know, through my background as a bottoms up analyst, for many years, when i look bottoms up at the german index, what i find are terrific companies that compete globally. that's not everywhere in europe, but germany has a lot. the auto sector, chemicals, health care sector, and financials in germany, not so much deutsche bank, but world class companies and world class management teams gives me confidence germany is positioned to do well even within europe. david: chris, we got to run, but quickly, is apple a screaming buy at the prices? >> i think it is. obviously, i'm in the minority recently, but i think investors -- depends if you're a trader, who knows what's going to hap
was not supposed to live. >> they called me from germany and they said your son is very critical. i don't think so that he make it to america. and then i -- i told them he is coming. >> i promise if you keep him alive for me i will take care of him, i said to god. >> after 81 days in a coma, joel woke up at brook army medical center in it texas. >> i didn't know where i was at. i could have woke up in timbuktu and i didn't know what was going on. it was like really. >> he lost a leg, his eyes, fingers on one hand. suffered a traumatic brain injury and burned on more than 60% of his body. his parents put their lives on hold to be with their son as he learned to walk and speak again and endured dozens and dozens of surgeries and with their support he began his unbelievable recovery. >> joel went from not even walking to walking, talking, running around, dancing and everything. >> then about two years ago joe met andy who had been through a life changing experience of his own when ran to the world trade center on 9/11 to help with the search and rescue. >> i lost three friends than day and i made a p
invaded germany in 1941 and a font back against the germans and they kept going to berlin. c-span: defines stalinism. >> guest: stalinism was a developed system as i say in it was a system of complete control. the stalinist state believed he could control everything. he could control not only politics and not only economics but it could control social life and it could control civic life. it could control sports clubs and chess clubs. in the stalinist system, there were no independent institutions of any kind and no independent voices of any kind were allowed to speak. all the economy was under state control and all of society was. and there was a cultural aspect. the arts were under stalinist control and there was also it cult of stalin's portraits that hung everywhere. all of society was organized around his name and his image. c-span: i grew up in a small town in indiana and one of the main streets in my neighborhood was chris's street. it's not the way you pronounce it but you talk about radio causes in here. we never knew what causes was. >> guest: he was a hungarian hero of 1948, of
markets incidentally, too. bond markets, the fixed income markets, here we're seeing buying in germany at the moment and 10-year german bund around 3%. a little bit of buying into the gild as well as some of the safe haven trades back on. we have this italian bond auction. the first one is going to be settled in 2013 and the last one in this year, as well. it's thought that it is going to see solid demand given that it hasn't gotten any trouble getting off the ground as of late with those bond auctions, as well. a quick wrap on the forex market. here you're looking at selling in the euro/dollar right now. 1.3190. we're flirting with the high level of this trading range that we've been stuck in. dollar/yen, it's thought when this new japanese government coming into place, they're simulating the economy and to make sure a weaker yen is in place, as well. kelly. >> louisa, thanks. we're keeping an eye on gold today. could the precious metal be losing its luster come 2013? we'll find out why kuts has decided to cut exposure to the precious metal for the first time. >>> hello, everybody. we
alternatives. germany, the one large country that took serious this problem the germans announced they're going to soar past their target by 2020, and they think they'll be up by 65% all right this summer. voluntarilygermany, there were days that they used solar panels inside their own borders. they don't have florida texas new mexico to pad their statistics. they were showing that the engineering is there. >> germany raises a number of questions, and deutsche bank did a number of questions there was a greenpeace making the argument, it was deutsche bank saying there was a paradigm here. it begs this question. 2012 germany will reach their kyoto targets. the united states has pulled away. what other country has the envelope open this year will reach their course, and what was the economic lesson learned in terms of their success or failure as it relates to dramatically changing the way they produce-- >> look at germany and the scandinavian country which are the own people who have done like they're supposed to, their economies are doing pretty well, thank you. there are other countries who have
and at the bottom. >> germany is doing relatively well in the crisis. they are doing relatively well, and they will discover that they had some problems, but what is really amazing is to watch the conservatives in this country about germany as an icon that austerity which they really don't. but why is germany able to export so well and pay higher wages by our standards? they have a very extensive welfare state to a level that is beyond the wildest american progress is that what they have is among other things, very good technical the education. a very close collaboration between the educational system and the industry and government, the system of corporate governance that is much more like what we used to have in this country represented on the boards. all of this suggests if you really want to be able to get higher in the global economy want to move in the opposite direction from all the people say that we must you actually want a more integrated and more cohesive society. >> they have done much better in this crisis and they've grown faster in the they've been more stable. >> if y
rice went on tv. the fbi spoke to the people in the embassy they brought back to germany and they all said no demonstrations. what we have is a falsehood that this administration has yet to explain. >> she was working off talking points handed to her, and said if information it continues to be evaluated. that was part of the talking points as well. >> the libyan spokesman preceded her and contradicted the talking points. she chose not to address that for whatever reason. my question goes back to where is the conspiracy, where is the cover-up? where is the scandal? was the benghazi office inadequately secured? absolutely. decisions made at people have to be held accountable for? yes. ,ut let's not confuse a mistake a defect, a fall of somebody with some massive conspiracy. >> tempest in teapot, which suggests there is something else at play. it is not about the facts. it is about something else. >> what is the something else? >> she is a prickly personality, that is part of it. also, i think she would be much more of an interventionist than hillary clinton is pillar clinton adulate at
to get the latest news. looking for confidence out of germany's ifo survey. if we can put it up on the screen, that would be a help as i'm working to get it up at the moment. as soon as we get the numbers on that front, i will bring them to you. looks like we're still waiting on that. in the meantime, send in your thoughts, questions and comments about the program to worldwide@cnbc.com. and the biggest news of the morning, we have a deal. after 14 hours of talkes and months of negotiations, an agreement has been reached on a pan european banking supervisor. european finance ministers say they've drawn up plans to allow the ecb to directly supervisor the three largest banks in each country except for the uk and sweden which have both opted out. european leaders need to give their seal of approval and silvia wadhwa is in brussels with the latest. sylvia, it sounds like the meeting went into the late hours of the night. it sounds like the uk and sweden got their way. how significant is this agreement? >> the early hours of the morning. one may wonder whether that's good news for sw
. among those closed include spain and germany. we're start with asia. shanghai composite is the outperformer. you saw up 1.6% there. here is a list of the markets closed across europe. germany, switzerland, germany and austria. for the bourses that are open, we can take a look at performance this morning and then we'll take a look over at the bond wall. the ftse 100 is down about .4%. ibex down .5%. not a clear picture. definitely mixed trade as people look to close out the year. the bond wall gives the sense for what kind of wall dominates. we're seeing bond yields move higher. investors are exiting the asset class today. italy around the 4.5% level. we've seen these predominant for several weeks and likely a quick check on forrus. the yen, an important one to keep an eye on, as well. dollar/yen firmer, continuing the patterns that we've seen over the last couple of trading sessions. for more on what to expect from markets today, we're joined by chris meyer, managing director and chief strategist from loop capital markets. chris, good morning. we wake up without a deal.
processing firms are leading the recovery. >>> and germany's latest exports seems to be recession proof. it's a tradition dating back to the middle ages, but germany's christmas markets are more popular than ever. nbc's andy eckh artson sends this report. >> every december, music rix out across girlny's favorite christmas market. berlin alone hosts more than 80 markets, each with its own character where the sights, sounds and smells of christmas combine to keep your financial crisis at bay. >> we don't feel a crisis. when you look around here at the christmas market, you meet so different people from germany and it's so popular to come to berlin. christmas season is present season. >> over the past 20 years, germany's christmas markets have become a big attraction and big business. analysts estimate that the german christmas market industry brings in billions of dollars annually. for many small businesses and traditional craftsmen, the markets are the main source of income for the year. makia, one of only ten mammoth ivory carvers in germany has seen his annual turnover grow since 2003. eve
. >> they brought him gold, frankincense and myrrh. >> very good. the christmas degree originated in germany based on a prop in a mid evil play commemorating adam and eve then came over to england and eventually the united states. do you know what country the christmas tree tradition came from? >> norway. >> united states? >> isn't it from norway? >> netherlands? >> united states. >> germany? >> germany? >> germany? >> am i right? >> i don't know. i'm just guessing. >> i am german ancestry. >> that hurts that you didn't know that? >> it does. >> what's that big thing right over there. what do you call that. >> a christmas tree. >> i think it's called a christmas tree. can you call it whatever you like as long as the people are with their families there is nothing wrong with it? >> they are calling it a holiday tree in rhode island because they want to be politically correct. >> it's a christmas tree. >> it's a christmas tree. >> i love christmas. >> you know there is a war on christmas, right? >> i haven't heard. >> no. you haven't heard of the war on christmas? >> no. how can you have a war with
, as opposed to adam lan za and what triggers this. think of germany, germany in the last three year has had three mass shootings, and they've had the strictest gun control laws in the world. including psychological profiling. and 2011, czech republic, nearby germany, has very lax gun control, they have not had this type shooting. >> so there's nothing we can do? we need to be complacent in the fact that we can send our children to school to be assassinated? >> no, i think that one of the problems we have on the gun control debate is it immediately starts dividing people into, you disagree with me, therefore, you're the enemy. i've opened up saying let's put gun issues on the table. let's include mental health. video games, home back ground in there. and i think where there is common ground, you could say the storage of weapons. but when we immediately start saying, well, you want this, therefore you dislike children or whatever, it's not productive to the debate. and i want to point out, i've been in congress for a long time, i can tell you, gun control debates are very, very difficult. and
. but basically issue selection. within germany the companies have done well, in general it has been an issue selection. ashley: you think of areas being well, europe is not one of them. he mentioned germany, even germany is being dragged down to what is going on in the region as a whole. how do you pick the stocks? you like the multinationals, don't you? >> one thing that we have invested in his multinationals. companies around the world, spain, peril around the world. cars around the world. multinational companies that are doing stuff right in this environment. we think that is the formula, broad-based market and the people that are executing within that. ashley: aren't you concerned about continued volatility in that area? italian elections coming up in february, german elections not far behind that, has to be seen whether angela merkel can survive that. does that give you cause for concern? >> there is no question about that. every election that has happened in the last two or three years, the incumbent has been evicted from office. you can worry about angela merkel, our guess is she is d
to get the latest results from germany's survey any second now. in the meantime, i can can bring you news. for example, on industrial orders and sales in italy, orders flat on the month, down .2 on the month for sales and down nearly 5% on the year. so confirming some of the weakness that we know we've seen previously in the italian economy. meanwhile, another gauge perhaps for the euro as we look to the strength of it lately. that's the current counselor plus which in october was an adjusted 3.9 billion euros, up quite a bit from the 2.5 billion reported for september. now that also comes after -- a day after the european union's report suggesting that in fact the european union would have to run a surplus, given its poor demographics over the next couple of years. now let's get a quick preview of the news. for that we head to patricia, awaiting the results. what do we expect to see? >> reporter: we're expecting the second consecutive month to the upside for the business sentiment next year in germany. november was a surprise after six months to the downside. we expect december to book i
is fascinating bearing in mind where we are in terms of the macro story and germany might well be floating -- >> certainly a big departure in the sense that the german stock market has typically traded in line with the german economy and this is a big divergence. so that's a change. but looking over time, all stocks have the component of what they call the economic return. speculative return which is it for change and the valuation that the market puts on it. over time, one is a possum gain and the other is zero sum gain. sometimes good news, sometimes bad news. but over time the kind of net being nothing. >> we'll see what happens. good to have you on. we'll be out in westminster, joined by the british shadow business secretarier to. we'll talk currencies. find out why one strategist is bullish on the currency. after the ramp up in m&a that we've seen this year, we'll also speak to an expert in los angeles that says the fundamentalses for deal activity in 2013 are looking more solid. so where will the money flow in the new year, that's at 11:20. and the outlook for u.s. credit market appe
. an agreement still seems pretty elusive at this moment. germany and french finance ministers have very different views about oversight of banks. and in britain, the chancellor george osbourne delivers his statement to parliament today. will be out in westminster soon. steve is out to give us more detailed analysis of what to expect. let's just go back to the eurozone. as you say, thin advances here. are we capping -- it's up against the yen as well. there's obviously been a big yen story. >> yeah, i think the euro/yen has had perhaps more to do with eu euro/dollar than anything else. the euro crosses in general have been story rather than euro/dollar and euro/yen at the forefront. i think the euro/yen forecast is overplayed in what japan will ultimately deliver on. but mum is pretty good. i think you still play for a little yen weakness. i think we'll see a lot of people trying to buy yen back because i don't think we'll get delivery in all these preelection promises. >> do we all think we know what the chancellor is going to say? >> judging by the many pages being given to it in the n
won't do particularly well, but germany and italy maybe next year have a potential surprise on the upside. >> how much of a surprise? >> it will not be a fast recovery. the ecb will be forced to do more, but they'll be drald dragged into it. so things will have to get worse before they act. so i don't really think -- >> what more actions? they have a t program waiting to go. what more actions are you talking about? >> the key policy rate for the ecb is likely indeed in the first quarter. they can take dpopt deposit rate negative. by the middle of next year, they'll be doing outright qe. i've been talking about this for ages. they haven't done it so maybe they won't do it. but i'm assuming that the outlook for inflation for the eurozone is -- >> how are they going to get around -- look, i know the bundes bank has a fear of hyper inflation. i just don't -- are they going to get around all the -- because even if they do it on the inflation mandate, are they going to get around the objections about outright money printing? germans would see it as that. >> they would see it as ou
and the support groups and we proceeded to attack across into germany. >> there's much more to the story. next, the images he will never be able to forget. >>> 71 years ago following the bombing of pearl harbor, the u.s. entered world war ii. they then moveded into germany and witnessed firsthand horrors of the haolocaust. you're about to see stark images of the war, sights that waitzman say still live with him to this very day. >> our first contact is what we call the holocaust. there was a city of dinslaken. we were greeted with thousands of dead bodies. it was conveyed to us later that the germans poured gasoline on people and burn them alive. we went to nordhausen. we went to this camp. after neutralizing their fire and lowering down the gates, we were again greeted by thousands of dead bodies. we came to a crematorium area. there were 10 or 12 ovens in that camp. most of them the doors were very hot. we got them open, found bones and ashes. we had no idea what to do for these poor people. we gave them sips of water and to not try to do anything else. the medical detachment got there short
shootings in world history. in fact, they both occurred over the last decade was in germany. germany has extremely strict begun control laws. people talk about bans on semiautomatic weapons. you have to undergo two psychological screening tests. both the examples given -- >> i understand. i think everything should be on the table. i don't have a gun, i don't have a bushmaster, i don't know why someone needs 30 rounds necessarily in a magazine, if you're gougt and hunting deer. you make the point these are hunting guns made to look like military guns but they don't have the features of military guns, is that your point? >> that's right. they ban guns based upon how they look, rather than how they function. semiautomatics, one pull of the trig, one bullet comes out. semiautomatics do lots of harm. but the problem is we have to realize that has both costs and benefits. we see the costs here but the benefits are let's say you were attacked by two criminals. would you want to have a gun where you had to manually load the bullets in? if you had a rifle had the pull the bolt back, you may not h
and insulatedding old buildings and creating renewable energy economy like they have done in germany. they have 50% renewables. all of germany is 25-30% renewables. that's mostly solar. germany has less sun than much of america. the idea that is not an economic solution is a complete falsity. we're totally at the point we can do this right now. i think the, you know, we're really in a situation where there's an old paradigm, the oh oh post oil revolution, industry which is very powerful and strong, perhaps the strongest in the world. they obviously want to continue to do things within their paradigm and with their own interests in mind. that's how the free market works, i guess but we have to enlighten the people and make them understand there is nothing safe about this. it's just as dirty as coal, it's going to cause climate change. it's not which fossil fuel we like. this is all about climate change and obviously having clean air and water is important but if we tip the earth into unlivable environment, everybody suffers. in fact, a lot of us are going to perish. so, you know, it seems overly dr
to the rest of the world, if you look at germany, uk, japan, france, all of whom have very strong gun regulations, we have more gun deaths in one week than they have in an entire year, and the incidents -- the number of times in which guns inside a home are used for self-defense are exceedingly small, on the order of maybe 1 in 15, 1 in 20 as compared to the number of times when a gun is used either for suicide or a homicide. anybody that looks at the data here is quite clear that on the whole, particularly things like assault weapons, create far, far more kor nage in th carnage in this country than they prevent. to a large extent the reason why i think progressives have not been able to mount an effective campaign for sensible gun laws, it's been a failure of the progressive movement, and i think that will now change with progressives. they must realize they have to make this an election issue. all of the polls show that the public is widely in favor of sensible gun regulations. i will point out what i said on friday. president clinton after columbine when we were meeting in the oval
. he is in germany in terms of potential. steven leblanc talking texas in the next fox business exclusive you cannot afford to miss, what is he buying now? should you follow? i always wait until the lt minute. can i still ship gift in me r christmas? yeah, se you can. great. where's your gift? uh... whew. [ male annouer ] break om the holiday stress. ship fedex expreress by decber 22nd for christmas delivery. now we need a little bit more... [ malennouncer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with halth care profesonals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service w
in germany or alabama. want them in lexington, kentucky or china? >> you mentioned germany. volkswagen opened a plant in chattanooga a few months ago, 2,000 new jobs. bob corcoran was down there. 2,000 jobs, every one of which started at $14.50 an hour. >> right. they're not all going to be at -- >> so volkswagen was moving these jobs here because we're the low wage country compared to germany. >> dude, are you suggesting we push these jobs away? >> i'm not. >> i would rather americans have a shot at a $17 an hour job than having it in china. >> i agree. >> find a way to do better. i actually agree with you. but you have to understand the consequences are pretty severe for american lifestyles. >> again, though, i'm sorry, mike, but the consequences are, we have two choices, we can't get 1965 wages, we either have these jobs in china or lexington, either have them in alabama or germany and this is at least for some of -- a chance for younger americans to get some good jobs. >> joe, if you're taking a job that pays $14.50 an hour. it means one of two things, a, you don't have a job so you're ge
, 1.63. and bond yields higher. they got kicked higher in germany post that survey which we broke on the show, as well. as far as the currency market, dollar bit under pressure ahead of the fed. euro/dollar 130.08. we were down late friday and early monday trade, as well. dollar/yen, highs polls suggest mr. erbe will be a clear win in japan. however big will the lead be and what influence tell have on the bank of japan. dollar and yen pressured by more q.e. talk. and aussillar three-month high. the prospect of q.e. boosting commodityets. canadian doing well. firm at 1.6122. we have more on the asian trading day out of singapore. >> reporter: hi, thank you, ross. most asian markets finished on a bright note. the shanghai composite recouped morning losses in positive territory. property stocks turned higher in the afternoon. stocks also rallied while investors await beijing's detailed plan on urban development. strengthening main line blue chips pushed the hang seng to a 16-month high. developers, industrials, and gaming stocks among the top gamers today. >>> in japan the country's
to this, ambassador burt was the u.s. ambassador to the federal republic of germany from 85-89, and before that worked in the state department as assistant secretary of state for european and canadian affairs and 83-85. and before that was the direct of political military affairs in the department of state. so he, along with his colleagues, has a long and eminent involvement of these issues but and finally last but not least, ambassador matlock, known to many of us, career ambassador, he's been holding a series of academic posts. i'm not going to list them all, since 1981, 91, excuse me. but during his 35 years in the american foreign service, 1956-91, he served as ambassador to the soviet union from 1987-1991, a special assistant to the president for national security affairs, and senior director for european and soviet affairs on the national security staff from 83-86. and as ambassador to czechoslovakia from 81-83. i will not go over the rest of his eminent and long career in the interest of time, but i just did want to give you a brief recap of all three of them. and, of course, marvin
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